Case-Shiller home-price index slows, but rising mortgage rates could speed it up again
Housing Wire
OCTOBER 29, 2024
According to Bright MLS, it’s the slowest annual gain in 2024 thus far and the first monthly decline since December 2022. Despite the Federal Reserve’s half-point interest rate cut in September, rates for 30-year conforming loans have climbed back up to 6.7%, according to HousingWire ’s Mortgage Rates Center. gain from July.
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